Artemisinin Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
23298 | Date :
Jan, 2023 | Pages :
192 | Region : Global |
Publisher : RI
Artemisinin is a sesquiterpene lactone containing an unusual peroxide bridge which possesses the most rapid action of all current drugs against Plasmodium falciparum malaria. It is isolated from the plant Artemisia annua, sweet wormwood, an herb employed in Chinese traditional medicine. It can now also be produced using genetically engineered yeast.
The global average price of Artemisinin is suffering changing every year, in 2011 the price of artemisinin is 896.7 USD/Kg, and in 2015 it changed to 221.6 USD/Kg.
The classification of Artemisinin includes Extraction from Artemisia annua, Semisynthetic Artemisinin, and the proportion of Extraction from Artemisia annua in 2015 is about 84%, and the proportion of Semisynthetic Artemisinin is nearly 16%.
Artemisinin is widely used in Antimalarial Injections and Antimalarial Tablets. The most proportion of Artemisinin is Antimalarial Tablets, and the consumption in 2015 is 173 MT.
China is the largest producer in the world, but its market share has decreased in recent years, in 2015 the market share of China is about 55%. Besides China, Europe, Vietnam and Africa also produce artemisinin; the total market share of these regions is around 39%. The total production of artemisinin is fluctuant in last five years, due to the charities such as World Health Organization (WHO) purchased a large number of anti-malarial drugs to Africa in 2012 and 2013, artemisinin industry grew rapidly with 28% annual growth, output reached 219.6 MT in 2012 and 281.3 MT in 2013.
Europe and India are the main consumption regions. The consumption of Europe region is about 107 MT in 2015. In the past years, the India consumption has been fluctuant, in 2015 about 26% of total.
Sanofi, KPC Pharmaceuticals, Kerui nanhai are the main enterprises in the world, accounting for almost 55% of total production. Sanofi has become the only producer of Semisynthetic Artemisinin in the world; its production of Semisynthetic Artemisinin is still increasing. In last five years, lots of small to medium size enterprises closed down, because the artemisinin price is decreasing in last two years, now the price is close to the cost, it\'s hard for small enterprises to survive.
The Global Artemisinin Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023 - 2030.
As the report focuses on global Artemisinin Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Extraction from Artemisia annua
Semisynthetic Artemisinin In Market segmentation by applications :
Antimalarial Injections
Antimalarial Tablets
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Artemisinin Market for the forecast period 2023 - 2030?
• What are the driving forces in the Artemisinin Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Artemisinin industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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